Ghost kitchen company once valued at $1B pivots to grocery delivery as food-prep business withers

The unicorn, which has opened hundreds of pandemic-era “ghost kitchens” across the country, plans to lay off more than 50 employees in the New York City area and shift to grocery delivery as the meal-prepared model sees a steep decline. Leaf Technology, a SoftBank-backed company that was once valued at $1 billion, filed a WARN […]
Ghost kitchen company once valued at $1B pivots to grocery delivery as food-prep business withers

The unicorn, which has opened hundreds of pandemic-era “ghost kitchens” across the country, plans to lay off more than 50 employees in the New York City area and shift to grocery delivery as the meal-prepared model sees a steep decline. Leaf Technology, a SoftBank-backed company that was once valued at $1 billion, filed a WARN […]